Widespread use of internet-enabled mobile devices, such as smartphones, tablets, and laptops on the iOS, Android, and Windows platforms, has resulted in a significant shift in the productivity of professional employees, as they are now able to perform their duties from home or another location. Despite the increasing prevalence of digitalization, businesses are still expected to rely on printing for their operations. The portable printer market will grow due to the needs of a mobile workforce and mobile device communication support. E-commerce, food delivery, grocery delivery, and logistics have grown rapidly in Asia Pacific and Latin American emerging countries like Brazil, Mexico, China, South Korea, India, and AEAN nations. These firms need on-demand barcode, receipt, and label printing to meet consumer demand in addition to e-receipts, a trend that is expected to continue and boost the portable printer market. R&D investments are improving product precision, print quality, speed, ownership cost, and production capacities. The portable printer market will develop as consumers prefer new items and new technology.
The global market for Portable Printers is anticipated to expand at a CAGR of 7.7% during the forecast period (2017-2025).
Leading Companies in the Portable Printer Industry:
1. Bixolon
Bixolon was founded in 2002 and headquartered in Gyeonggi-do Province, South Korea. . It operates globally. In June 2023, BIXOLON Europe GmbH, a branch of the world's largest maker of sophisticated receipt, label, and mobile printers, released its next-generation SRP-350V and SRP-350plusV 3-inch (80 mm) Direct Thermal POS printers in Europe. BIXOLON's best-selling printing series can now be utilized consistently in many point-of-sale (POS) printing applications. The market is in need of this. The SRP-350V and SRP-350plusV receipt printers have been updated to print on blue receipts and use ecologically friendly ink. They use the latest technologies to link to other devices and print faster.
2. Seiko Epson
Seiko Epson is a Japanese multinational electronics company and one of the world's largest manufacturers of computer printers and information- and imaging-related equipment. It was founded in 1942 and headquartered in Suwa, Nagano, Japan. Epson is a subsidiary of the Japan-based Seiko Epson Corporation, which employs over 81,000 people in 97 companies worldwide, and is proud of its contributions to the global environment and the communities in which it operates. In June 2023, Seiko Epson Corporation (TSE: 6724, "Epson") introduced the M-G370PDG ("M-G370G"), an inertial measurement unit1 (IMU) with a high-performance, six-degrees-of-freedom sensor. In July 2023, the M-G370G will commence mass production.